Returns – Retirement and Transition to Retirement

This page only applies if you have an Income Account in Gateway.

Here are the weekly credited interest rates for each investment option for Income Accounts from 1 July 2015.

Note: Effective 1 July 2017, earnings on assets supporting transition to retirement income streams are no longer tax-free. Credited interest rates are calculated net of any applicable tax on investment earnings, therefore, from 1 July 2017, different credited interest rates will be apply to Income Accounts for the retirement phase and Income Accounts for the transition to retirement phase. These changes are reflected in the table below.

29/07/15

22/07/15

15/07/15

08/07/15

01/07/15

n/a

n/a

n/a

n/a

0.54%

0.50%

0.43%2

0.28%2

0.04%

The investment option, Glidepath, was introduced on 1 October 2015. As a result, returns are reported from that date.

Due to a system error, these returns were originally reported incorrectly. For the period 1 to 7 July 2015, the returns were reported as Conservative (0.23%), Balanced (0.37%), Growth (0.36%) and Aggressive (0.47%).

* Because the end of the 2015/2016 financial year falls within a weekly period, credited interest rates are declared for the period from the beginning of the week to 30 June. Separate credited interest rates are then declared for the period from 1 July to the end of the week.

** Due to public holidays, these CIRs apply for an eight day period, from 21 December 2016 to 28 December 2016.

*** Due to public holidays, these CIRs apply for a six day period, from 29 December 2016 to 3 January 2017.

^Because the end of the 2016/2017 financial year falls within a weekly period, credited interest rates are declared for the period from the beginning of the week to 30 June. Separate credited interest rates are then declared for the period from 1 July to the end of the week.

The information contained in this site is provided to help members understand their superannuation entitlements in Qantas Super. The information is not intended to constitute financial product advice – general or personal advice. Nor can it take the place of such advice from a financial adviser who understands your objectives, financial situation and needs.
The Trustee gives no warranty of reliability or accuracy, and accepts no responsibility arising in any other way (including by reason of negligence) for errors or omissions herein. The Trustee recommends that members seek individual financial advice before making any decision with regard to their superannuation.